Drastic changes to the retirement age have left many confused about just when people – particularly women – can expect to give up work. This has been most evident in relation to the WASPI women who expected to retire at 60 but were then told they would have to wait until 65 or even older. […]
Founder Aziz Tayub had previously wanted to float Poundstretcher, which has 320 plus stores across the country and employs around 4,000 people, on the London Stock Exchange. Former Morrisons executive Andy Atkinson is expected to become chief executive of Poundland when the deal is completed. Poundstretcher and rivals such as Poundland and B&M Bargains have […]
A woman from Manchester shared how her life “changed” after seeking the right help to clear her £40,000 debt. Kelly Knights, 46, joins the 7.9 million people in the UK highlighted in the Financial Conduct Authority’s (FCA) latest survey currently struggling to pay bills and credit card repayments in January 2024. Although the figure has […]
Default rates on mortgages and credit cards are on the upswing, with expectations of further increases in the months ahead, as revealed by a Bank of England survey of lenders. The appetite for credit card borrowing has surged recently and is anticipated to climb even higher by the end of May, according to the report. […]
Savings provider SmartSave has doubled last year’s milestone by reaching a total of more than £2billion in direct deposits. Having launched in 2019, SmartSave, a trading name of UK digital bank Chetwood Financial, said it has seen marked growth in the past two years after reaching £1billion in direct deposits in 2023. SmartSave said it […]
Beehive Money has increased the interest rate on its one-year fixed savings bond to 5.18 percent, earning an “excellent” Moneyfactscompare rating. Savers need a minimum of £500 to invest to launch the account, and interest is paid on maturity. Fixed savings accounts can offer certainty during the current period of falling rates, as these enable […]
People have been urged to be vigilant as banking scams are rife with fraudsters using a range of methods to con people into handing over their cash. Experts at EarthWeb have warned about some of the most prevalent scams which can result in “substantial financial losses” for victims. Phishing attacks These fake emails or text […]
MoneySavingExpert founder Martin Lewis has alerted the nation to exercise ten checks on their taxes from HMRC and benefits from the DWP since the new tax year commenced on April 6. The most recent MSE newsletter featured an elaborate outline from Martin and his team stating ten categories of people who need to ensure they […]
Britons planning to start drawing down from their pensions over the coming years may have to wait longer than expected. Steven Cameron, pensions director at wealth firm Aegon, told Express.co.uk there is an important pensions rule change coming up that people may not be aware of. He explained: “From 2028, you’ll not be allowed to […]
A damning report by responsible investment charity, ShareAction, has revealed that some of the world’s largest insurers are failing to protect “both people and planet” by continuing to back projects which could be exacerbating climate change. The insurance industry is contributing to global issues through its underwriting and investment activity, leading to a “triple whammy” […]
